OverviewSuggest Edit

Collaborating with over 750 composers, artists and producers from across the globe, we’ve built a world-class catalogue of original music spanning every conceivable style, mood and instrumentation. And while we’ve grown a lot since starting out in 2001, we still focus on our customers and these three core values: The highest quality music We only record with the best, authentic musicians and composers at the top recording facilities in the world. Simple pricing and licensing All of our music is pre-cleared for multiple platforms, worldwide, forever. We liberate music for content creators around the world, so whether you're making a YouTube video or a blockbuster film, we've got a licence that works for you. Creativity Designed with creatives in mind, our music is used around the world by some of the media industry's biggest names: the BBC, National Geographic, Discovery and MTV. And with 1000 tracks added monthly, you'll always be able to find new music. Finding the track that expresses the mood you want to create in your work has never been easier. That’s what we call liberating music.
TypePrivate
Founded2001
HQNew York, US
Websiteaudionetwork.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Jun 2020)244
Revenue (FY, 2018)£29 M(+14%)
Cybersecurity ratingBMore

Key People/Management at Audio Network

Robert Hurst

Robert Hurst

Founder
Andrew Sunnucks

Andrew Sunnucks

Chairman, Founder
Juliette Squair

Juliette Squair

Chief Strategy Officer
Simon Anderson

Simon Anderson

Director of Publishing
Simon Marett

Simon Marett

Director of Marketing
Scott Pearce

Scott Pearce

SVP, Channel Strategy
Show more

Audio Network Office Locations

Audio Network has offices in New York, Los Angeles, Darlinghurst, Ultimo and in 14 other locations
New York, US (HQ)
224 5th Ave 6th floor
Los Angeles, US
4201 Wilshire Blvd #400
New York, US
48 W 25th St 10th floor
Darlinghurst, AU
11/2 Kings Ln
Ultimo, AU
suite 2, level 2/645 Harris St
Whitby, CA
8 Robert Attersley Dr E
Show all (20)

Audio Network Financials and Metrics

Summary Metrics

Founding Date

2001

Audio Network total Funding

$471 k

Audio Network latest funding size

$470.95 k

Time since last funding

15 years ago
Audio Network's latest funding round in January 2005 was reported to be $471 k. In total, Audio Network has raised $471 k
Show all financial metrics

Audio Network Revenue

Audio Network's revenue was reported to be £29.01 m in FY, 2018
GBP

Revenue (FY, 2018)

29.0m

Gross profit (FY, 2018)

27.9m

Gross profit margin (FY, 2018), %

96%

Net income (FY, 2018)

7.9m

EBITDA (FY, 2018)

10.6m

EBIT (FY, 2018)

9.6m

Cash (30-Jun-2018)

7.4m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.1k460.6k274.2k473.0k825.0k1.3m2.2m3.2m4.2m6.0m8.9m12.0m14.8m17.7m20.5m25.6m29.0m

Revenue growth, %

20%16%

Cost of goods sold

380.5k57.8k72.6k83.4k75.9k81.8k109.2k113.3k217.6k383.9k569.2k543.4k733.6k958.8k1.3m1.1m

Gross profit

80.1k216.4k400.4k741.6k1.2m2.1m3.1m4.1m5.8m8.5m11.4m14.2m16.9m19.6m24.3m27.9m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

359.5k251.5k251.3k275.5k367.8k549.7k636.0k988.0k1.4m1.8m2.8m3.0m3.9m1.4m2.6m6.5m7.4m

Accounts Receivable

8.8k32.8k79.3k82.6k122.9k171.0k749.2k1.1m1.4m2.1m3.3m4.5m5.2m6.8m1.6m2.5m2.8m

Inventories

3.1k27.2k43.0k59.9k73.2k72.3k96.1k100.4k46.5k31.0k16.9k18.1k16.0k25.3k20.9k14.6k25.4k

Current Assets

387.3k337.0k390.9k448.8k613.9k819.1k1.6m2.5m3.3m4.5m6.3m7.9m9.6m10.1m14.7m19.9m22.8m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(214.8k)(391.0k)(275.3k)(224.1k)43.5k189.1k531.0k999.6k1.2m1.6m2.6m3.8m4.6m5.0m5.1m6.4m7.9m

Cash From Operating Activities

184.8k290.2k372.4k116.0k173.9k383.5k339.5k703.2k1.2m1.6m2.9m4.4m5.4m5.5m6.1m7.8m9.4m

Dividends Paid

565.4k1.1m1.6m2.8m2.0m2.0m2.0m2.0m4.7m

Cash From Financing Activities

632.8k232.3k468.7k260.0k6.1k(31.6k)39.6k46.1k(414.8k)94.0k158.1k144.6k(265.0k)(515.6k)(67.4k)(298.2k)(1.0m)
GBPFY, 2002

Financial Leverage

1.1 x
Show all financial metrics

Audio Network Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Audio Network Online and Social Media Presence

Embed Graph

Audio Network News and Updates

Entertainment One to Acquire Audio Network

Building on eOne’s talent-driven strategy and further powering the Group’s true end-to-end entertainment capabilities.read more

Game Audio Network Guild Recruits Top Talent For 2018 Board Of Directors

LOS ANGELES, Sept. 25, 2018 /PRNewswire/ -- The Game Audio Network Guild (G.A.N.G.) today announced its new board of directors who, along with the officers, will lead the established community of video game audio creatives in industry-wide initiatives. The refreshed board includes Becky...

Audio Network Frequently Asked Questions

  • When was Audio Network founded?

    Audio Network was founded in 2001.

  • Who are Audio Network key executives?

    Audio Network's key executives are Robert Hurst, Andrew Sunnucks and Juliette Squair.

  • How many employees does Audio Network have?

    Audio Network has 244 employees.

  • What is Audio Network revenue?

    Latest Audio Network annual revenue is £29 m.

  • What is Audio Network revenue per employee?

    Latest Audio Network revenue per employee is £118.9 k.

  • Who are Audio Network competitors?

    Competitors of Audio Network include Titmouse, OurStage and MTV.

  • Where is Audio Network headquarters?

    Audio Network headquarters is located at 224 5th Ave 6th floor, New York.

  • Where are Audio Network offices?

    Audio Network has offices in New York, Los Angeles, Darlinghurst, Ultimo and in 14 other locations.

  • How many offices does Audio Network have?

    Audio Network has 20 offices.